NOT LISTED FOR SALE

640 Chipley Ave Unit 9 Charlotte, NC 28205

Coliseum Drive Neighborhood

Estimated Value: $183,000 - $202,000

1 Bed
1 Bath
674 Sq Ft
$262/mo HOA Fee

Last Sold December 04, 2020

Last sale price $129,000 $191 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,391/month

1 Day on Market

About This Home

As of December 2020

Don't miss this great opportunity to purchase this 1 bedroom home that has been freshly painted (walls and ceilings). Close proximity to so much! Only 3 miles to uptown Charlotte, walking distance from Bojangles Coliseum & Ovens Auditorium, 1.8 miles to Plaza Midwood, 1 mile to Common Market Oakwold & Iron Tribe Fitness - Cotswold, 1.5 miles to Elizabeth (Burn Boot Camp, MADabolic, Sunflour Baking, The Stanley and more), 1/2 mile to Smokey Joe's Cafe! This home is in move-in ready condition and the community is in the process of a full exterior facelift revitalization project, including siding hardboard & trim replacement, fascia, soffits, painting, pressure washing, new mailboxes & lights, etc. Work is almost complete, please pardon the construction.

Last Agent to Sell the Property

Eric Madara

Yancey Realty, LLC License #299585 Listed on: 10/02/2020

Last Buyer's Agent

Laura Wales

Ivester Jackson Christie's License #118131

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • Lawn

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Community Details

  • Cams Association, Phone Number (704) 731-5560

Listing and Financial Details

  • Assessor Parcel Number 159-026-39

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 191.39
  • Unit Floor Level: 1
  • Year Built: 1970
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 340
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup, Electric Oven
  • Flooring: Carpet, Laminate Wood
  • H O A Management Phone: 7047315560
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 334
  • Total Sq Ft: 674

Exterior Features

  • Construction: Brick Partial, Hardboard Siding, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Lawn Maintenance

Garage/Parking

  • Parking: Lot

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 262.40
  • Association Fee Frequency: Monthly
  • Complex Name: Birch Landing
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 159-026-39
  • Zoning Specification: R22MF

Tax Info

  • Tax Value: 111900.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 3, 2020
Sold by
Steel Robed Palmer
Bought by
Wales David S and Wales Laura N
Seller's Agent
Eric Madara
Yancey Realty, LLC
Buyer's Agent
Laura Wales
Ivester Jackson Christie's
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$190,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,429
Avg. Annual Appreciation
8.02%
Original Mortgage
$96,750
Outstanding Balance
$86,290
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$104,139

Purchase Details

Closed on
Aug 3, 2011
Sold by
Federal National Mortgage Association
Bought by
Steel Robert Palmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,320
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2010
Sold by
Brezinski Erica
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2007
Sold by
Steele Shawn E
Bought by
Brezinski Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,587
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Birch Forest Llc
Bought by
Steele Shawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wales David S $129,000 None Available
Steel Robert Palmer -- None Available
Federal National Mortgage Association -- None Available
Brezinski Erica $133,000 Master Title Agency Llc
Steele Shawn E $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wales David S $96,750
Previous Owner Steel Robert Palmer $38,320
Previous Owner Brezinski Erica $101,587
Previous Owner Brezinski Erica $20,000
Previous Owner Steele Shawn E $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $129,000 0.0% $191 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $129,000 -- $191 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,536 $182,638 -- $182,638
2024 $1,536 $182,638 -- $182,638
2023 $1,479 $182,638 $0 $182,638
2022 $1,205 $111,900 $0 $111,900
2021 $1,194 $111,900 $0 $111,900
2020 $1,187 $111,900 $0 $111,900
2019 $1,171 $111,900 $0 $111,900
2018 $1,397 $100,900 $30,000 $70,900
2017 $1,369 $100,900 $30,000 $70,900
2016 $1,360 $100,900 $30,000 $70,900
2015 $1,348 $100,900 $30,000 $70,900
2014 $1,335 $100,900 $30,000 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Eric Madara

    Seller's Agent in 2020

    Eric Madara

    Yancey Realty, LLC

    (704) 909-9260

    22 Total Sales

    Eric Madara
    Section Image
  • Laura Wales

    Buyer's Agent in 2020

    Laura Wales

    Ivester Jackson Christie's

    (704) 689-9194

    62 Total Sales

    Laura Wales
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3668383

Canopy MLS (Canopy Realtor® Association)

APN: 159-026-39

North Carolina Mecklenburg County Charlotte 28205 Coliseum Drive

640 Chipley Ave Unit 9, Charlotte, NC

Not Listed for Sale

Condos

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